Forex

The AUDUSD presses on the support – Analysis - 23-08-2019

2019-08-23 03:08:48 GMT (Economies.com)

The AUDUSD pair attempts to break the symmetrical triangle’s support line, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, which targets visiting 0.6700 as a next main station.

 

The EMA50 continues to support the suggested bearish wave, which its continuation requires holding below 0.6830.

 

The expected trading range for today is between 0.6680 support and 0.6800

 

The expected trend for today: Bearish

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